Schools, libraries weigh impact of Ohio tax change

COLUMBUS, Ohio (AP) — Ohio school districts are assessing the impact from the loss of a property tax break for homeowners who pay future local tax levies.

The $62 billion, two-year spending blueprint signed Sunday by Gov. John Kasich (KAY’-sik) eliminates a combined 12.5-percent state property-tax rollback on new and replacement levies passed in November 2013 and beyond.

The effective tax break to property owners on levies they pay to local school districts, libraries, mental health agencies and other government entities would still be applied to renewals of existing levies.

Lawmakers in favor of the change said most Ohioans weren’t aware of the state help and the change will save the state $35 million. Beneficiaries of the rollback say the higher price tag could prevent voters from supporting future levies.

Post navigation

WKBN 27 First News provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language or racial slurs, will be banned. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review.